Why You Should Consider A Franchise Drones-as-a-Service Model
The drone industry is still relatively new, which means there are plenty of opportunities for growth and expansion. So let’s take a look at why drones are key to multiple industries and what you should consider before buying a drone franchise.
The Future of Drones-as-Service
The drone industry is expected to grow significantly in the next decade. After the effects of the pandemic, that’s a significant increase from the valuation of 7.12 billion in 2020. Fortune Business Insights says that the drone service market will be worth 134.89 billion USD by 2028, up from 9.56 billion USD in 2021. This means that the market will grow at a compound annual growth rate (CAGR) of 45.9% from 2021 to 2028.
How Drone Services are Taking Over the Market
Drones were recently named as one of the most influential bit of tech of our time. And it’s not hard to see why— they are used everywhere from movies to Oil & gas fields, to capture compelling data that provides visibility like never before imagined. Owing to their cost savings and safety benefits, we’ve used drones to revolutionise the commercial sector in the UAE, and you could experience the same success in your region. But first, let’s pull back the curtain and find out why drones-as-a-service is so successful.
Building Successful Drone Company Through Franchising
Drones are the future of aviation, and as their popularity continues to grow, so does the potential for drone franchises. If you’re thinking of buying a drone franchise, it’s important to understand the basics first. Here are four things you need to know before making your decision.